Everything You Need to Know About AMD–Globalfoundries Deal

Module Shift Manager Guido Gebert presents a 300-millimeter wafer of Advanced Micro Devices (AMD), the U.S. maker of computer chips in Dresden, eastern Germany, on Oct. 24, 2006. Norbert Millauer/DDP/AFP via Getty Images

Chip firm Advanced Micro Devices Inc. agreed to acquire about $2.1 billion of silicon wafers from GlobalFoundries Inc. from 2022 through 2025.

Previously, AMD agreed to buy $1.6 billion worth of chips between 2022 and 2024.